Wauwatosa Wisconsin Vacation Rental Managers
Income Estimates And Tips To Run a Successful Short Term Rental in Wauwatosa, Updated May 2023
Many Wauwatosa homeowners are renting out their homes as a way to make extra money. In fact, nearly 10% of all Wauwatosa homes are rented out at some point during the year1. As the demand for vacation rentals grows, there are many benefits to owning your own property. You can earn an income while spending quality time with your family. Plus, you can control how and when you rent your home out. There are also plenty of reasons why you might want to rent out your Wauwatosa home. Maybe you want to upgrade your living space without making a big investment. Or maybe you’re looking for a unique way to bring in some extra cash. Whatever the reason, renting out your Wauwatosa home is a smart move if you’re looking for a way to make extra money.
When partnering with RedAwning for your property management needs, we can make sure your Wauwatosa rental is set up correctly and ready to generate the most amount of revenue possible per stay.
Positive vacation rental trends in Wauwatosa, Wisconsin when you considering renting out your Wauwatosa home as a short-term rental. There has been a surge in vacation rentals in the past five years, and this trend will continue as more people turn to Airbnb, VRBO and other platforms to enjoy their favorite vacation spots. But there are a few things you should keep in mind before putting your Wauwatosa home up for rent. First, make sure you’re not violating any local laws. Some parts of Wauwatosa are off-limits to short-term rentals, so be sure to check the rules before listing your property on Airbnb or VRBO. Second, do your research and make sure your property is well-maintained and up to date. Vacation rentals attract a lot of attention from new guests, so you want to make sure it’s a welcoming experience for them.
Positive vacation rental trends in Wauwatosa, Wisconsin when you considering renting out your Wauwatosa home as a short-term rental. One of the most popular vacation rentals in Smoky Hill Drive, is a 4 person house with 2 bedrooms and an additional full bath. This house is located on a quiet street just minutes from I-94 and only 2 blocks away from the Lake Park area. The house has a large wrap-around back yard that is great for relaxing or having fun in the pool. There are also nice deck areas overlooking the backyard and front yard. You can also grill out back on your private patio, making this house perfect for any barbecue lover! If you are looking for a place to stay within walking distance from downtown Wauwatosa, this is the perfect place to let your hair down!
RedAwning takes the guess-work out of Wauwatosa property management, and we work with you to ensure your Wauwatosa short-term rental is set up perfectly to attract guests and maximize your rental revenue, from day-one.
Note: These averages are based on a 2 bedroom home in Milwaukee. If you'd like to find out how much revenue your home could make by providing the number of bedrooms and specifics about your vacation rental, please try our free vacation rental calculator and/or speak with one of our vacation rental experts about your vacation home, condo or unique vacation rental experience.
If you are a speculative home buyer or have another home in Wisconsin, check out our other Wisconsin Vacation Rental Management reports in Green Bay, Kohler, Madison, Milwaukee, Sturgeon Bay, Kenosha, Racine, Cable, Birchwood, Hayward, Fort Atkinson, Mountain, Arkdale, Clam Lake, Rice Lake, Winter, Oshkosh, Shawano, Ashwaubenon, Wausaukee, Bellevue, Allouez, Cato, and Lake Geneva, Wisconsin or view all of our vacation rental market reports